$NEAR Intents just crossed $20B in all-time volume.
that volume turns into fees, and 100% of those fees buy back $NEAR on the open market.
most "buyback" tokens are racing their own unlocks -the buyback is real, but VC and vesting sell pressure swallows it and the chart bleeds anyway. NEAR has no unlock schedule fighting it.
> ~$32M in fees routed so far, all from real demand - no points, no airdrop, no incentives
> 25M+ swaps people actually paid for
> ~99% circulating, no vesting cliffs, no overhang left
> $5B last november β $20B now, 4x in seven months
every other buyback is fighting its own unlocks. NEAR's are basically done. ~$3.5B mcap.
$NEAR just passed avalanche, litecoin and hedera on market cap. #24 now, and the only one of the four that's green - the other three are red on the week.
it's climbing while they bleed because it's the only one being used.
$20B settled through NEAR Intents. 542,000 people paid real fees last month with nothing subsidizing it, and those fees route straight into $NEAR buybacks - real cash flow, same as hyperliquid.
the AI is live, not roadmapped. confidential inference for venice and brave, co-founder one of eight who wrote "attention is all you need."
$3.8b mcap. fully circulating. zero unlocks ever.
you don't pass three top-25 names in a week on a narrative. you pass them on usage.